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Testnet Node

This node is running over ChainRepublik testnet. The testnet is an alternative Chainrepublik block chain, to be used for testing.

Testnet coins are separate and distinct from actual ChainRepublik Coins. During ICO, testnet coins can be exchanged for real coins but after the ICO ends they will be useless and hold no value.

The test net allows application developers or ChainRepublik testers to experiment, without having to use real coins or worrying about breaking the main ChainRepublik network. The real network will be launched in Q2 2018.

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Every 24 hours, the network rewards players for their performance. Every year 5% of the remaining undistributed coins goes to players and miners. The total daily reward pool is calculated by formula DailyPool=U/20/365, where U is the amount of undistributed coins. Each bonus has its own reward pool. Below is a graph detailing how the coins are divided, as well as a list of the latest rewards received by users. Because the ChainRepublik Coins number is limited to 21 milions and the amount of undistributed coins decreases each day, reward pools become smaller every day. For example, block rewards decreases 0.00000001 CRC every 2 minutes.